Form 4: California Water Service Group: Officer Michael S. Mares Jr. Reports Stock Transaction
SEC Form 4 Filing
Vice President of Operations, Michael S. Mares Jr., reports a transaction involving California Water Service Group common stock to cover tax obligations related to a Restricted Stock Award.
Summary
- On March 5, 2025, Michael S. Mares Jr., Vice President of Operations at California Water Service Group, reported a transaction involving the company's common stock.
- The transaction involved the withholding and surrender of 296 shares to the issuer to satisfy tax withholding obligations related to a Restricted Stock Award (RSA) at a price of $46.65 per share.
- Following the transaction, Mares directly owns 11,120.6 shares of California Water Service Group common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to an insider stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard process of covering tax obligations related to stock-based compensation.
Key Dates
| Date | Description |
|---|---|
| 03/05/2025 | Date of stock transaction (surrender of shares for tax withholding). |
| 03/06/2025 | Date of signature on the Form 4 filing. |
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